Solidarity Euro-Style
I would like to call upon northern European governments to cease and desist from more ‘solidarity’ offerings to our fiscally-stricken, fast impoverishing nations.
Why shorting Spanish and Italian Bonds is the Right Trade
I continue to believe that longer dated Spanish and Italian bonds are poised for a significant sell-off.
EU bank funding eases but risks remain
The ECB’s two LTROs had vastly lifted market sentiment and made refinancing at reasonable rates possible again for EU banks.
Why the Buba wants to exit
The ECB’s non-standard monetary policy measures were taken to deal with problems in the financial sector and not to extend monetary policy easing beyond interest rate cuts.
ECB – Playing Mr. Cool
Mr. Draghi displayed great finesse in pooh-poohing the apparent rift with the Bundesbank regarding the volume of the LTROs.
Swiss FX Policy, ETF Regulation & The ECB Can’t Please Everybody
Deutsche Bank Research commentary on Swiss FX policy, ETF regulation and the ECB.
Would a Ponzi by any other name smell as bad?
Asides from giving Ponzi a bad name (at least until the ECB just admits that they are printing faster than even Big Ben) this is tying the banks and the countries ever closer.
A Simple And Boring Common Bond
Europe has no time left in its hourglass. It must act now. What it needs to do is to empower the ECB to issue its own (euro)bonds.
EMU’s Stress Test
Perhaps the prospect of currency competition would result in more cautious monetary policy by the ECB.
Javier: 
